UK gender pay gap to last 53 years

blog-publish-date

04 Oct 2016

blog-read-duration

Pay for women in the UK is only increasing to match that of their male colleagues at a rate of 2.5p each year, which means that women would not receive the equivalent salary until 2069, according to research by Deloitte. However, as the Government are now placing a heavy focus on gender pay reporting, with new legislation coming into force in April 2017, organisations may have to act more quickly. Clare Parkinson – Business Manager at Croner Reward – comments: “When an organisation’s gender pay report becomes publicly accessible from 30th April 2018, those who have not taken steps to close the gap between male and female earnings could face criticism, which would force them to take action. We are advising our clients to protect themselves and start reviewing the pay gap now. “Companies should consider measures such as a job evaluation exercise to grade roles or to test their existing structure; or pay benchmarking to align salaries both internally and externally. “It is also important that reward professionals are suitably equipped if they are to comply with Government guidelines. Our own research into this subject highlighted that 60% of participants had never conducted a pay audit; and of those that had, 72% did not know if they had analysed their employee population using Government-preferred categories.” To find out more about Croner Reward’s gender pay reporting service, please call 0844 728 0103 or e-mail reward@croner.co.uk.

Free to Download Employer Resources

  • Sample COSHH Assessment Record

    FREE DOWNLOAD

    Sample COSHH Assessment Record

    Read more
  • Return to Work Interview Form

    FREE DOWNLOAD

    Return to Work Interview Form

    Read more
  • Equality & Diversity Policy

    FREE DOWNLOAD

    Equality & Diversity Policy

    Read more
  • 5 Top Tips - Working Parents and the Summer Holidays

    BLOG

    5 Top Tips - Working Parents and the ...

    Managing Holiday Request During the Summer Holidays   Add this infographic to y...

    Read more
  • Adoption Leave: An Employer's Guide

    BLOG

    Adoption Leave: An Employer's Guide

    When a member of staff is having a child, they're entitled to some time away fro...

    Read more
  • Top Tips on Managing the Health & Safety of Sedentary Workers

    BLOG

    Top Tips on Managing the Health & Saf...

    Sedentary lifestyles are commonplace among office workers, but to make matters w...

    Read more
  • Syalons

    CASE STUDY

    Syalons

    International Syalons is a manufacturer of advanced ceramics, working for variou...

    Read more
  • Pangea Support

    CASE STUDY

    Pangea Support

    We see Croner being integral to our organisation moving forward, and we’d defini

    Read more
  • JC Couriers

    CASE STUDY

    JC Couriers

    With Croner it genuinely feels like they want me to be a success. And I'm happy

    Read more

Ready to focus on what you do best?

Get your free consultation and speak to an expert today.